Medicare Group Co.: Will Hold Its AGM on 09/04/2025 for 2024

Medicare Group Co. announces that the General Assembly Meeting AGM will be held on 09/04/2025, electronically using Zoom application platform and 05:00 PM. In case of not completing the legal quorum, the second meeting will be held on 16/04/2025, electronically using Zoom application platform and 05:00 PM The agenda of the Ordinary General Meeting: 1- Hearing the Board of Director’s Report on the Company’s activities and its financial position over the fiscal year ended on 31st of December 2024 and discussing Future business plan of the company; and approving them. 2- Discussing the External Auditor’s report on the Company’s balance sheet and on the final accounts for the fiscal year ended on 31st of December 2024; and approving them. 3- Discussing the Company’s balance sheet, profit and loss account for the fiscal year ended on 31st of December 2024; and approving them. 4- Endorsing the Board of Directors’ recommendation to distribute cash dividends of 19.80 % of the nominal value of the share (i.e QR 0.198 per share). 5- Presenting and approving the remuneration policy of the Board of Directors, its committees, senior executive management and company employees. 6- Considering discharging the liability of the members of the board of Directors for the fiscal year ended on 31st of December 2024; and endorsing their remuneration. 7- Considering the Company’s Governance Report for the year 2024; and approving it. 8- Presenting the tender for the appointment of the External Auditors for the fiscal year 2025, appointing them and fixing their fees. 9- Approving the recommendation of the Board of Directors to top-up the withdrawn amount of the charitable fund allocated for the medical treatment of cases that are unable to bear the costs of the treatment. The said fund was previously approved by the company's Ordinary General Assembly in the amount of one million Qatari Riyals and authorizing the Chairman of the Board of Directors to dispose of the amount. Notes: § This announcement is considered a legal invitation to all shareholders to attend the meeting without the need to send invitations by P.O. Box or any other way. § Each shareholder has the right to attend the Ordinary General Assembly Meetings and shall have a number of votes that equal their number of shares. § Minors and interdicted people shall be represented at the meeting by their legal representatives. § The shareholder who cannot attend the meeting may authorize/appoint another shareholder to attend the meeting on his behalf, provided that the proxy is a shareholder and that the proxy shall be a special proxy and in writing or by the Proxy Form issued by the company, which can be obtained from the company’s website. A shareholder may not authorize a member of the Board of Directors to attend the meetings on his behalf. In all cases, the number of shares held by the proxy in this capacity shall not exceed (5%) of the company's capital, i.e. 14,072,050 shares (fourteen million and seventy-two thousand and fifty shares). § The legal quorum for the Ordinary General Assembly is the attendance of a number of shareholders representing at least (50%) of the company's capital. If the quorum is not achieved in the first meeting, the second meeting will be held with the shareholders present, regardless of the number of shares represented in the meeting. § The decisions of the Ordinary General Assembly shall be issued by an absolute majority of the shares represented in the meeting. § Each shareholder has the right to actively participate in the Ordinary General Assembly and participate in its deliberations. He has also the right to discuss, raise questions and receive answers to the extent that does not harm the interest of the company. § The eligibility to receive dividends recommended by the Board of Directors and approved by the General Assembly is for the owners of shares whose names are mentioned in Shareholders Register that received from Qatar Central Securities Depository at the close